New York City-based Mount Sinai Health is to close its Beth Israel campus in the city "after years of agonizing debate and analysis" and could open a smaller facility downtown in the future.

Physicians have seen reimbursement fall over the last few years and are looking for additional compensation from hospitals in service line agreements and call coverage contracts as a result, according to the VMG Health 2023 Physician Alignment: Tips and Trends Report.

The American Medical Association released updates Sept. 8 to its Current Procedural Terminology code set for 2024.

Cost reduction is a leading priority for health system CFOs — in fact, it is the top area CEOs have asked them to focus on, according to a survey from Deloitte. 

Health plan and health system CFOs point to the current economic situation when asked to identify their top concern, according to a Sept. 14 survey from Deloitte. 

Bucktail (Pa.) Medical Center CEO Tim Reeves told Becker's that a cash infusion is "really necessary" to ensure that the hospital can continue to pay its vendors and keep its doors open.

Many hospitals and healthcare systems have reported quarterly and first half financial results within the past several weeks. Here are 17 systems that have reported profitable results both in terms of operating income and, in some cases, net income.

The weighted average initial claims denial rate for the top five states was 6.7 percent through the first six months of 2023 compared to 16 percent for the bottom five, according to a report published Sept. 11 by Crowe, a public accounting, consulting and technology firm. 

Wilmington, Del.-based ChristianaCare is partnering with AblePay to streamline the patient billing and payment experience.  

CMS should adopt payment policies that recognize the role played by essential hospitals, advocacy group America's Essential Hospitals said in a Sept. 11 letter.

EHR vendor Athenahealth has named Neville Zar senior vice president of revenue cycle management. 

West Plains, Mo.-based Ozarks Healthcare is to reduce its workforce by 130 full-time equivalent positions, according to multiple reports.

Health systems are seeking a new physician strategy as the healthcare ecosystem changes.

St. Augustine, Fla.-based Flagler Health+, which is combining with UF Health, the academic health center of the University of Florida, enjoyed a credit upgrade from "BBB" to "A-," S&P Global said Sept. 11.

Morgantown, W.Va.-based WVU Medicine and Huntington, W.V.-based Marshall Health have partnered on a new Medicare Advantage plan through their health plan, Peak Health.

York (Maine) Hospital is closing its birthing center by the end of the month. Hospital officials noted that the decision to do so is the result of a decline in births and a shortage of workers, Portland Press Herald reported Sept. 12.

Unemployment insurance fraud during the COVID-19 pandemic likely totaled between $100 billion and $135 billion, the Government Accountability Office said in a September report.

Fourteen hospitals have been fined for alleged price transparency violations, according to CMS' enforcement website. Six of the 14 hospitals have fewer than 100 beds. 

Revenue cycle management is the top IT spending priority for hospitals and health systems, according to a Sept. 12 report from KLAS Research and Bain & Co. 

Orlando (Fla.) Health has reported an operating income of $118.2 million in the second quarter, a $18.7 million (14 percent) decrease from the prior year period. Its operating margin dropped from 10.1 percent in the second quarter of 2022 to 7.9 percent in the same period this year.